Description

Fineotex Chemical Limited announces a 1:5 stock split (sub-division) and 4:1 bonus issue with record date October 31, 2025 and deemed allotment date November 3, 2025.

Summary

Fineotex Chemical Limited (Scrip Code: 533333) has announced a sub-division of equity shares combined with a bonus issue in the ratio of 4:1. The company has fixed October 31, 2025 as the record date for both corporate actions. The deemed date of allotment for the bonus issue will be November 3, 2025, with 91,66,00,720 new shares to be issued. The company has undertaken to set up Auto Corporate Action with both CDSL and NSDL depositories for seamless execution.

Key Points

  • Sub-division (stock split) of existing equity shares of Fineotex Chemical Limited
  • Bonus issue in the ratio of 4:1 (4 new equity shares for every 1 existing share)
  • Record date: October 31, 2025
  • Deemed date of allotment: November 3, 2025
  • Total bonus shares to be issued: 91,66,00,720
  • Distinctive numbers: 229150181 to 1145750900
  • ISIN: INE045J01026
  • Auto Corporate Action setup with CDSL and NSDL
  • Execution to be completed by 12 PM on T+1 day (November 1, 2025)
  • Shares available for trading from BOD of T+2 day (November 4, 2025)

Regulatory Changes

No regulatory changes introduced. This is a corporate action announcement in compliance with existing BSE listing requirements.

Compliance Requirements

  • Company must set up Auto Corporate Action with both CDSL and NSDL depositories
  • Execution must be completed by 12 PM of the next working day after record date (T+1)
  • Company undertakes to resolve any complaints arising from failure to complete Auto Corporate Action formalities
  • Shares must be available for trading from beginning of day T+2

Important Dates

  • Record Date: October 31, 2025 - Eligibility date for sub-division and bonus issue
  • Deemed Date of Allotment: November 3, 2025 - Date when bonus shares are credited
  • Effective Listing Date: November 4, 2025 - Date when bonus shares become available for trading
  • Auto Corporate Action Deadline: November 1, 2025 by 12 PM (T+1 day)

Impact Assessment

Shareholder Impact: Existing shareholders will receive 4 additional shares for every 1 share held as of the record date, resulting in a 5x increase in shareholding (including the original share after sub-division). This significantly enhances liquidity and makes the stock more accessible to retail investors.

Market Impact: The combined corporate action will increase the total outstanding shares to over 91.66 crore shares. While individual share price will proportionately adjust, improved liquidity may attract more trading interest. The sub-division makes the stock more affordable for small investors.

Trading Impact: No trading disruption expected as the company is using Auto Corporate Action mechanism with both depositories, ensuring seamless credit of bonus shares. Trading in the new shares will commence from November 4, 2025.

Operational Impact: Smooth execution depends on proper coordination between the company, BSE, and both depositories (CDSL and NSDL) to ensure timely credit of bonus shares to investor accounts.

Impact Justification

Material corporate action involving both stock split and significant bonus issue affecting all shareholders. Total shares to increase to over 91 crore, substantially impacting liquidity and market capitalization structure.